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Designation of Beneficiary Form Public Agency Retirement Services (PARS) Instructions: 1. Read carefully the rules for designating a beneficiary below, and sign in the spaces provided. 2. Complete
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Beneficiary designation form is a legal document used to indicate who will receive certain assets or benefits in the event of the account holder's death.
Anyone who has assets or benefits that can be passed on to a beneficiary upon their death is required to file a beneficiary designation form.
To fill out a beneficiary designation form, you must provide your personal information, the beneficiary's personal information, and specify the percentage or amount of the assets or benefits each beneficiary will receive.
The purpose of a beneficiary designation form is to ensure that the account holder's assets or benefits are distributed according to their wishes upon their death.
The beneficiary designation form must include the account holder's personal information, the beneficiary's personal information, and the specific assets or benefits that will be distributed to each beneficiary.
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